John Kennedy
Lease terms when allowing short term arbitrage in my building
I have a rental duplex and am about to enter into a lease with a tenant who intends to do short term rental arbitrage in one of the units. Does anyone have any recommendations for what type of insurance clause I shou...
Esmeralda Garcia
Childcare in Rental Property a liability?
I just found out my tenant has a daycare or babysitting business in my rental. So is getting them to get additional insurance for any accidents good enough to cover me against damages or accidents or do I need to just...
Sandeep Majumder
Looking to Connect with Appraisers in Houston (Career Change)
Hi everyone. I've spent the last 14 years of my career in oil and gas, and I am looking to pivot my career into real estate in addition to continuing to do flips. I have given thought to several areas of real estate t...
Patrick Owens
Tax deductions for visiting out of state property
So, I am considering a long term rental property in Florida. We live in Charleston, SC. In addition to having cash flow, this would be a great vacation spot for us. The question is: What are the tax deductions av...
William Hull
Invest in personal home addition or first investment property
SO here is my situation, hopefully someone can give me a bit of direction.
I purchased my primary residence in Dec, 2017 and am currently sitting on around 250k in equity. I have about 60-70k liquid cash on hand and ...
Peter Botz
LA RSO deal: Lease says 3 people, 7 live there - can I raise 40%?
Can I raise rents 40% for the 4 excess people, or will some judge somewhere say I bought the property as-is can't do that.
Patty L.
New to BP: Advice on 40 acres with established business
First of all, thank you so much to BiggerPockets! And thanks in advance if you're reading this post and also providing me with your inputs/guidance. I am feeling overwhelmed at the moment so I am hoping for some advic...
Gena Mueller
Advice on possible flip on busy 4 lane
We have an opportunity to purchase a home that has not gone on the MLS yet. It’s in horrible disrepair and the realtor doesn’t even want to go inside. Rumor has it that it has a bedbug infestation. In addition, it is...
Abdenour Achab
Should I expense or capitalize post acquisition eviction costs
I acquired a house in September 2010. I evicted the previous owner in December 2010. I paid the eviction costs in January 2011. I listed the house for sale in March 2011. I expect to sell the house in 2012.
The house...
Scott Sewell
Making an offer (to lease/buy parking) they can't refuse
Hello all,
Looking for some advise on approaching someone to lease/buy additional parking space for a potential acquisition. We're looking at an 8 unit multi family that seems to pencil well, in a good area and with g...